lipped from: https://www.taxscan.in/can-startups-and-msmes-claim-both-income-tax-and-gst-benefits-simultaneously/456498/ A: A startup is an innovative company that is in the early stages of business development. They are usually founded by entrepreneurs who
Day: March 10, 2025
Attachment of Property by Income Tax Dept. Cannot be made Indefinitely Without Pursuing Steps to Resolve Matter
Clipped from: https://www.taxscan.in/attachment-of-property-by-income-tax-dept-cannot-be-made-indefinitely-without-pursuing-steps-to-resolve-matter-delhi-hc/496522/ The Delhi High Court has held that the Income Tax Department cannot, suspecting escapement of tax on income by an assessee, indefinitely attach its properties